Equity Loans

  www.equityloans.com
  www.equityloans.com

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Equity Loans Reviews

3 Reviews
3.0
3 Reviews

Recommend to a friend
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0 Ratings
  1.  

    No Clue What They Are Doing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Officer in Cleveland, OH
    Former Employee - Loan Officer in Cleveland, OH

    I worked at Equity Loans full-time (less than an year)

    Pros

    There are no Pros I could give this company, They are so bad they have changed their name from Equity Loans to Equity Prime.

    Cons

    No structure for branches, processing was clueless and uneducated. Leadership was non existent.
    Highest turnover of any mortgage company I have ever seen during my 20+ years in the industry.
    UW changes on every file. no consistency, says they UW to AUS findings but not sure they know how to read to do such.
    Within the first month we knew we made a mistake as a branch joining this company. We were told lie after lie to join.

    Advice to ManagementAdvice

    Get out of the business, or at least just be your own little branch. you have no idea how to run a Nationwide branch operation.

    Doesn't Recommend
    Negative Outlook

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